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Nervos Network’s Force Bridge Cross-Chain Hack Exploits Access Control, Steals $3.9 Million in Ethereum and BNB

Nervos Network's Force Bridge, a cross-chain bridge facilitating transfers between Ethereum and Binance Smart Chain (BNB), has been exploited in a cyberattack resulting in the theft of approximately $3
By: DeepNewz
Nervos Network’s Force Bridge Cross-Chain Hack Exploits Access Control, Steals $3.9 Million in Ethereum and BNB

Nervos Network's Force Bridge, a cross-chain bridge facilitating transfers between Ethereum and Binance Smart Chain (BNB), has been exploited in a cyberattack resulting in the theft of approximately $3.9 million in cryptocurrency.

Security analysts and blockchain security firm HashEx identified the hack as stemming from an access control failure in the bridge's system. Reports indicate that a failed exploit attempt occurred about six hours prior to the successful breach. The incident highlights ongoing vulnerabilities in cross-chain bridge technologies used in decentralized finance.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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